Re:Oxide Computer Company: Initial boot sequence
by jonathankoren on Monday December 02, 2019 @12:28PM
(#21684522)
> Regardless of the acquiring company's motivation, being acquired is one of the textbook criteria for a successful startup.
Depends on the acquisition price. Acquihires are failures. Investors might get their money back, and everyone else (including founders) walks away with nothing but a job at some company they didn’t necessarily want to work for.
And since Red Hat kept Container Linux/CoreOS open source, this wasn't really a move to eliminate competition. They can support enterprise clients, but the open source nature doesn't stop another company from offering their own enterprise support.